Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Short Interest Up 66.3% in January

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 1,154,800 shares, an increase of 66.3% from the January 15th total of 694,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 11,548.0 days.

Sumitomo Realty & Development Price Performance

SURDF opened at $31.93 on Thursday. The firm’s 50-day simple moving average is $31.60 and its 200-day simple moving average is $31.87. Sumitomo Realty & Development has a twelve month low of $27.35 and a twelve month high of $38.11.

Sumitomo Realty & Development Company Profile

Sumitomo Realty & Development Co, Ltd. engages in the real estate business in Japan. It develops and leases office buildings, rental apartments, etc.; develops and sells condominium units, detached houses, etc.; and develops, leases, and sells properties, as well as operates and manages hotels, event halls, retail facilities, land lots, etc.